GM Financial Consumer Loan Complaint

Vehicle loan Taking out the loan or lease

GM Financial Consumer loan department,

Vehicle loan Taking out the loan or lease Maryland

Around -/-/-, I purchased a brand new car ( -/-/- - Versa ) with a goal of having the car for five years or at least - miles. -/-/-, the car started giving me problems, after researching the problem there was a power train issue, which - has an extended warranty for my make and model. After having the car for over a week, - returned the car to me in the same condition. The next day, I returned to car to -, they currently have the car running more test. In addition to not fixing the car, the car failed inspection and - gave me a bill for $1600.00 to fix the car to pass Maryland state inspection. - ripped me off, I purchased a $10000.00 car, paid $30000.00 for the car, it has a balance of $13000.00, appraising for $6000.00 with less than - miles, a refurbished engine and I can not legally drive the car in the state of Maryland. On -/-/-, I went to purchase a new car and was told that I would not be able to be financed because of the Versa having a balance of $13000.00.

GM Financial customer in Maryland
Mar 26, 2015

* Source: CFPB Complaint Database

GM Financial response to complaint:
Closed with explanation

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